[EARNINGS CALL] SpaceX (SPCX) CEO Musk says Starship's Flight 15 will take place next month; Starship will fly weekly in H1 2027 and twice weekly in H2 2027; Annual recurring revenue is expected to reach between USD 500bln and USD 1tln by the end of 2027

Musk predicts Starlink will reach 100,000 satellites within three years, increasing network capacity 100-fold. Annual recurring revenue is expected to reach between USD 500bln and USD 1tln by the end of 2027. Co. is looking at brining on an incremental 13GW of compute by the end of 2027. Aviation remains a major growth opportunity. As we're still early in the installation phase, with many of the largest carriers worldwide, and have line of sight into an accelerated activation path into 2027. Super Intelligence has been the primary growth driver. Musk says they are aiming to make its first sort of test chip functional in approximately May or June of next year, "we're aiming to our aspiration is to reach volume production around Q3 of '28." If everything goes to plan, then there is a route where they will have 23GW of incremental power.